Concerns over COVID outweigh any optimism on the oil major’s grand plan tied to the energy transition.
Top asset managers Vanguard Group Inc. and BlackRock Inc. on Sept. 24 introduced new exchange-traded funds that exclude oil companies, coal producers and other industries that a growing number of investors want to avoid.
Up to to $160 billion investment in carbon capture technology is need by the growing number of countries and companies targeting net-zero CO₂ emissions by around 2050, the IEA says.
In a statement, White House spokesman Judd Deere called the move by California "alarming" and said it would destroy jobs and raises consumer costs.
Leaders from the “Big Four” accounting firms—Deloitte, EY, KPMG and PwC—joined Hart Energy to discuss the energy transition and the different approaches to ESG within the oil and gas industry.
Exxon Mobil and Global Thermostat have expanded their joint development agreement on Sept. 21 following 12 months of technical evaluation to determine the feasibility and potential scalability of Global Thermostat’s technology that captures carbon dioxide (CO2) directly from the air.
Geologist Dr. Scott Tinker is on a mission to educate the world on the critical intersection of energy, environment and economics. Can he save the world’s energy future by drawing players into the radical middle?
The problem for the crude oil industry is that it can't really predict the demand side of the equation with any accuracy, given the uncertain nature of the recovery from the COVIE-19 pandemic.
BLM will instead sell eight parcels of oil and gas leases on more than 4,000 acres in the southeast corner of Wyoming, not located in sage grouse habitat, through the online auction platform EnergyNet.
By providing details on emissions, oil and gas consultancy Kayrros helps companies to plug the leaks and impress investors.